51 SMITH Avenue Hamilton

51 SMITH Avenue, Hamilton, Ontario

$794,900

  • 6 Beds
  • 3 Baths
  • 2,000 Square Feet

Incredible Investment Opportunity In Central Hamilton With A Turnkey Legal Non-Conforming Duplex Operating As A Triplex For Over 30 Years, Now With Potential To Add A Laneway Suite. Nestled On A Picturesque Tree-Lined Street Directly Across From St. Brigid School. Professionally Waterproofed, Upgraded Electrical, And All Units Have Been Tastefully Updated. Additionally, There?s A Detached Workshop With Electricity, Perfect For Hobbyists Or Additional Storage. Over 3,000 Sq Ft Of Living Space Across Three Units: An Approx 1,000 Sq Ft Main Floor 2 Bed Unit, An Approx 1,500 Sq Ft Upper 3 Bed Unit Including A Loft With, And A Cozy Approx 725 Sq Ft Lower 1 Bed Unit. Very Rare - Each Unit Has Its Own Laundry For Utmost Convenience. No Carpeting In Any Of The Units Ensures Ease Of Maintenance. High-Efficiency Forced Air Gas Furnace Installed In 2018, Two 100A Breaker Panels Updated In 2014. Parking Is Ample, With A Front 2 Car Driveway And Additional Space At The Rear. Main Floor Unit Currently Vacant, Offering Potential Rental Income Of $2,200/Month, Upper And Lower Units Are Tenant-Occupied, Bringing In $1,590/Month Plus Hydro And $922.50 /Month Inclusive, Respectively. Tenants Are Month To Month. Easy Access To Local Amenities, Schools, And Public Transportation. Please Note, The Seller Does Not Warrant The Retro-Fit Status Of The Property. Seize This Unique Opportunity To Own A Versatile Property With Excellent Income And The Chance To Further Develop, Or Purchase As A Mortgage Helper. (id:23309)

  • Listing ID: 40599681
  • Property Type: Multi-family
  • Year Built: 1891

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Details

  • Amenities Nearby: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Equipment: Water Heater
  • Ownership: Freehold
  • Parking Spaces: 3
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: D

Building

  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Constructed Date: 1891
  • Cooling: None
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Block
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2000 sqft
  • Stories Total: 2.5
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 24 ft
MLS®

Listing provided by Rock Star Real Estate Inc., Brokerage
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 51 SMITH Avenue in Hamilton Ontario, was last modified on June 5th, 2024. Contact Marion Benson to schedule a viewing or to find other properties for sale in Hamilton.

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